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Dec 7, 2012
12/12
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you don't see that in retailing in america. >> reporter: stores like sur la table are expected to be one of the few bright spots in an otherwise lackluster holiday season for merchants. in fact, some experts think home goods will be hotter than toys this holiday season. ibm projects home goods will see the strongest sales growth this year, up over 6%. that's far more than toys and electronics. >> you may ask yourself, why home? we think home is up because of a lot of things-- things like the changing demographic of the home itself. there's a stat that says that 41% of those between 25 and 29 are living back at home. >> reporter: but there also a second reason. >> we think that this holiday people are buying what they need vs. what they want. >> reporter: which had me wondering what's on jack schwefel's wish list this holiday season. it wasn't this $5,500 coffee maker. >> there are some new knives that i'm actually pretty excited about, so probably those. they're cutting board material actually used in the handle of the knives. >> reporter: and there's no denying it will look good sur
you don't see that in retailing in america. >> reporter: stores like sur la table are expected to be one of the few bright spots in an otherwise lackluster holiday season for merchants. in fact, some experts think home goods will be hotter than toys this holiday season. ibm projects home goods will see the strongest sales growth this year, up over 6%. that's far more than toys and electronics. >> you may ask yourself, why home? we think home is up because of a lot of things-- things...
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Dec 25, 2012
12/12
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and they're a rare breed in corporate america. we look at why so few c.e.o.'s are women. that and more, tonight on nbr. >> susie: not a very merry day of trading on wall street today. it was a holiday shortened session, and the investors and traders working on this half- day were playing it safe, especially with the fiscal cliff talks on holiday break as well. when the closing bell rang at 1:00 eastern time, the dow was down 51 points, the nasdaq lost eight, and the s&p was off 3 points. so while wall street worked half a day, washington was on vacation. lawmakers are increasingly pessimistic about a big agreement-- or any agreement-- being reached before the year ends. darren gersh has the latest. >> reporter: 'twas the night before christmas, and all through the house, nothing much was going on. it was the same story in the senate. washington's cliff talks still remain deadlocked. congress will return on thursday, and it's still possible a few days of holiday cheer and constituent outrage may push republicans and democrats to craft a last-minute agreement to avoid the w
and they're a rare breed in corporate america. we look at why so few c.e.o.'s are women. that and more, tonight on nbr. >> susie: not a very merry day of trading on wall street today. it was a holiday shortened session, and the investors and traders working on this half- day were playing it safe, especially with the fiscal cliff talks on holiday break as well. when the closing bell rang at 1:00 eastern time, the dow was down 51 points, the nasdaq lost eight, and the s&p was off 3...
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Dec 25, 2012
12/12
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nbr, the markets are closed for the christmas holiday, so we bring you a christmas treat, "made in america." it's a special edition looking at unique companies, big and small, building jobs and community. when it comes to christmas decorations, americans on average spend $50 decking the halls. allison worrell takes us on the job with a hired hand helping roll out the holiday cheer. >> reporter: snowy scenes like this one are what many americans think about when it comes to a picturesque holiday season. but clear skies, sandy beaches, and highs in the 70's? not so much. and when you think about holiday decorating, florida probably isn't the first place that comes to mind either, but the holiday decor business is doing quite well in the sunshine state. >> the clients we're calling on are the rich and famous. they're professional athletes, they're industry leaders, and we're in the business of complete sales, service and installation for these types of people. >> reporter: david shindler has been in the christmas business for more than 20 years. he's a franchisee at holiday decorating firm ch
nbr, the markets are closed for the christmas holiday, so we bring you a christmas treat, "made in america." it's a special edition looking at unique companies, big and small, building jobs and community. when it comes to christmas decorations, americans on average spend $50 decking the halls. allison worrell takes us on the job with a hired hand helping roll out the holiday cheer. >> reporter: snowy scenes like this one are what many americans think about when it comes to a...
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Dec 5, 2012
12/12
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it would cut the debt by $2.2 trillion over ten years, but would not raise taxes on america's highest earners, the biggest sticking point. the two sides seem to be allowing themselves room to bargain. the president said today he'd be open to lowering tax rates for high earners later next year as part of a broad tax reform package. and senate republican leader mitch mcconnell did not directly endorse the g.o.p. plan. for now, house speaker boehner put the ball in the president's court, releasing a statement: "the president now has an obligation to respond with a proposal that can pass both chambers of congress." >> susie: we turn tonight to other opinions on the fiscal cliff impasse. we talk with the chairman of the national governor's association, and we also hear from a leading advocate for responsible fiscal policy. we begin with governor jack markell, the democrat from delaware. he was one of six governors meeting with president obama today to talk about how the fiscal cliff impacts their states. i asked him what was his message to the president. >> our message was pretty straightf
it would cut the debt by $2.2 trillion over ten years, but would not raise taxes on america's highest earners, the biggest sticking point. the two sides seem to be allowing themselves room to bargain. the president said today he'd be open to lowering tax rates for high earners later next year as part of a broad tax reform package. and senate republican leader mitch mcconnell did not directly endorse the g.o.p. plan. for now, house speaker boehner put the ball in the president's court, releasing...
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Dec 21, 2012
12/12
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bank of america, for example. today's 2.9% rally comes on top of a huge jump this year. b-of-a shares have more than doubled since january, and they continue to break out to 18- month highs on stronger than average volume. after the close, the market focus was on research in motion. with its newest blackberry device due out early next year, the stock has been rallying, even as the company continues to lose money. but the silver lining is that it didn't lose as much money as feared in its latest quarter, and it generated more revenue than was anticipated. on its conference call tonight, the company said the quarter was a reflection of "the successful transition the company is making," even though it acknowledged losing one million blackberry device customers. investors and traders have been betting on the transition. the stock was up 3.6% during the regular session, closing at its highest price since march. and then, in extended hours trading after reporting its quarterly results, the stock added another 7%, trading over $15 per share. another stock to watch tomorrow will
bank of america, for example. today's 2.9% rally comes on top of a huge jump this year. b-of-a shares have more than doubled since january, and they continue to break out to 18- month highs on stronger than average volume. after the close, the market focus was on research in motion. with its newest blackberry device due out early next year, the stock has been rallying, even as the company continues to lose money. but the silver lining is that it didn't lose as much money as feared in its latest...